The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations.If signed, the order would mark U.S.
The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that as its start up is set to rock the seaborne iron ore market.The first cargoes from the project may arrive by the end of this year and it's expected that it will ramp up to its full capacity of 120 million metric tons per annum fairly
Portland Port in Dorset, UK celebrated the twin christening of two new vessels. Dignitaries and guests watched the christening of the Wyke Castle tug and the Silverwell pilot boat on the Dorset port’s Dock Jetty before an demonstration of the vessels’ capabilities.The multi-million-pound investment in the new boats for Portland Harbor Authority comes as the port continues to grow.
President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad.Trump is drafting an executive order that would rely on funding from a U.S.
Norwegian maritime technology company Pherousa has secured approvals in principle (AiPs) from American Bureau of Shipping (ABS) and DNV for its ammonia cracking technology onboard ships, featuring PEM Fuel Cells and Fuel Gas Supply System (FGSS) for fully electric propulsion.Pherousa, together with partners
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said.The leader of Yemen's Houthis said on Thursday that the Iran-aligned group would monitor the implementation of a ceasefire deal between Israel
U.S. President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement aimed at countering China on Monday at a meeting marked by Trump's jab at Australia's envoy to the United States over past criticism.China loomed large at the first White House summit between Trump and Albanese, with the U.S.
This week, RWE withdrew from a $10 billion Namibia green hydrogen project, the latest example of companies considering such investments.The German power utility said on Monday that it had withdrawn from Namibia's Hyphen green ammonia project because demand for hydrogen and hydrogen derivatives such as ammonia is developing slower than expected in Europe.
Fossil fuel and agriculture industry executives on Wednesday criticized a plan by President Donald Trump's administration for big fees on China-linked ships entering U.S. ports, arguing at a hearing in Washington that the move would hobble their ability to export everything from coal to soybeans.The proposed fees on China-built vessels could top $3 million per U.S. port call.
Fossil fuel and agriculture industry representatives are expected to criticize the Trump administration's plan to impose big fees on China-linked ships entering U.S. ports during a hearing in Washington on Wednesday, arguing the move would hobble their ability to export everything from coal to soybeans.At issue are proposed fees on China-built vessels that could top $3 million per U.S. port call.
In the early days of dynamic positioning, the 1960s and 70s, commercial deepsea divers soon learned how good their support vessel’s DP footprint was. Their lives depended on it. If a vessel slowly, or worse still, rapidly, moved off position, they would be pulled along with it.Diver safety was an early motivator for developments in DP systems, but risks remained.
Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure damaged by a previous cyclone last month."Safety is our priority. As is procedure, we began sending ships from Cape Lambert Port at the weekend and Dampier Port last night, out to sea